Thursday, December 04, 2014

Government Spending Is a Bipartisan Problem: The Rise in Total Per Capita Mandatory, Discretionary, and Net Interest Spending

Government Spending Is a Bipartisan Problem: The Rise in Total Per Capita Mandatory, Discretionary, and Net Interest Spending | Mercatus:
"Since policymakers continue to put political considerations ahead of controlling spending, it’s worth looking at the ways the federal spending burden has risen.
To do this, I separate federal outlays into three major categories: discretionary, mandatory, and net interest spending.
This week’s chart shows per capita discretionary, mandatory, and net interest spending as a share of total per capita federal spending (real 2014$) since 1962.
Rising government spending has largely been fueled by increases in mandatory spending, though there are pressures to push discretionary spending, as well as expenditures on net interest, higher in the foreseeable future."

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